A company is launching methane-tracking satellites into space. New methane fines helped get some fossil fuel companies on board
rocket loaded with dozens of satellites from companies and governments is preparing to blast off. Among that cargo are two satellites from startup Orbital Sidekick , dishwasher-sized boxes with advanced hyperspectral cameras, which will eventually form a network with four more. One of the uses for those cameras, the company says, will be to help fossil fuel companies curb emissions of methane, one of the most powerful greenhouse gasses, from leaking wells and natural gas pipelines.
It’s not the first satellite system designed to monitor methane emissions. GHGSat, a Montreal-based company, launched its first satellite intended to detect methane plumes back in 2016. But things have changed in the industry since the U.S. Congress passed thelast summer.
Still, those looming fines had a role in spurring some fossil fuel companies to pay OSK to monitor their infrastructure, says Dan Katz, the company’s CEO. OSK’s hyperspectral imaging, which detects light wavelengths beyond the visual range for humans, allows its satellites to spot the unique visual signature of methane gas in the atmosphere.
OSK was selling customers on its methane monitoring tech before the IRA was passed. The Williams Company, a natural gas pipeline operator that has invested in OSK, for instance, is interested in using satellite imagery to demonstrate that it’s able to transport natural gas with minimal emissions, and then sell credits on voluntary carbon markets based on the methane it didn’t leak.
Katz says the fines enacted by law made pitching some other companies a bit easier. “It certainly helps in terms of companies understanding our value proposition.” Two fossil fuel companies operating natural gas pipelines in the Texas Permian Basin contracted with OSK to monitor their methane emissions after the passage of the IRA.
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